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Stocks up for third week: Dow over 17,000

Stocks up for third week: Dow over 17,000 Traders work on the floor of the New York Stock Exchange on Feb. 12, 2016. (Photo: EPA/ANDREW GOMBERT) (Photo: ANDREW GOMBERT, EPA) U.S. stocks rallied Friday to log a third straight week of gains after the February jobs report came in stronger than … Continue reading at […]

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Wall St. Tries to Stem Losses

Wall St. Tries to Stem Losses United States markets were trying to move higher on Wednesday as oil prices declined and utility stocks struggled. As bond prices continue to fall, the dividend-rich utility sector appears less appealing to investors. KEEPING SCORE In early afternoon … Continue reading at nytimes.com The 42 richest hedge fund managers […]

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Carl Icahn posts worst loss since 2008

Carl Icahn posts worst loss since 2008 Carl Icahn looks at charts on a projection screen during a media conference at the St. Regis on February 7, 2006 in New York City. (Photo: Michael Nagle, Getty Images) NEW YORK — Billionaire investor Carl Icahn, who briefly flirted with a stint as Donald … Continue reading […]

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G20 focuses on long-term fixes to jump-start world economy

G20 focuses on long-term fixes to jump-start world economy A statement from G20 ministers said risks to the world economy include volatile capital flows, a fall in commodity prices and the shock of the “Brexit” — a UK departure from the European Union. The world’s top economies declared Saturday that they need … Continue reading […]

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An Investment Strategy for Troubled Times?

An Investment Strategy for Troubled Times? Dig deeper than the mainstream headlines to see where the stock market is really … Stocks and Bonds Leverage the expertise of our financial analysts, to invest in everything from blue chips and small caps, to dividends, tech stocks, mining shares … Continue reading at moneymorning.com.au Investment firm that […]

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Larry Summers slams the Wall Street Journal’s ‘illogical’ take on his call to kill the $100 bill

Larry Summers slams the Wall Street Journal’s ‘illogical’ take on his call to kill the 0 bill Larry Summers is defending his call to get rid of the $ 100 bill. In a Washington Post op-ed written with the Harvard Kennedy School’s Peter Sands, the Harvard professor focused on a Wall Street Journal editorial that […]

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German economy ‘in good shape’: Bundesbank chief Jens Weidmann

German economy ‘in good shape’: Bundesbank chief Jens Weidmann waving away suggestions that clouds could be building over Europe’s biggest economy. Speaking at the Bundesbank’s annual news conference, president Jens Weidmann pointed to record high employment last year and falling unemployment. “While wage growth was … Continue reading at economictimes.indiatimes.com ‘Brexit,’ House Prices Loom Over […]

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Consumers ‘winning’ even as oil hurts companies: Jamie Dimon

Consumers ‘winning’ even as oil hurts companies: Jamie Dimon This June 19, 2012 file photo shows JPMorgan Chase CEO Jamie Dimon testifying during a US House Financial Services Committee hearing on Capitol Hill in Washington, DC. (Photo: SAUL LOEB, AFP/Getty Images) NEW YORK — JPMorgan Chase CEO Jamie Dimon gave an … Continue reading at […]

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